Press Releases

ASSOCHAM to share ground level impact report on Coronavirus with Eco Response Task Force, announced by PM

Thursday, 19 March, 2020

New Delhi, 19th March 2020 :Assuring Hon'ble Prime Minister ShriNarendraModi to extend its fullest cooperation through its vast base of 4.5 lakh industry and trade members for his clarion call to observe "Janata Curfew" on March 22 to deal with the Coronavirus, ASSOCHAM today said it would reach out to its rank and file to give top priority to crucial societal and economic issues flagged by the Prime Minister.

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ASSOCHAM suggests war-footing steps to deal with Covid-19 virus; seeks moratorium on all debt repayments

Thursday, 19 March, 2020

New Delhi, 19th March 2020 :Suggesting ''war-footing '' measures to mitigate the impact of Covid-19 virus on the Indian economy, the ASSOCHAM has sought a moratorium on debt-servicing along with a big cut in the interest rates, besides protecting vulnerable sections of the society by direct cash support of Rs 3,000-5,000 per month and providing tax credits to firms which protect employment in a situation of grave worldwide health emergency.

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RBI moves on dollar liquidity re-assuring; rate cut appears very much on cards: ASSOCHAM

Monday, 16 March, 2020

New Delhi, 16th March 2020: An unequivocal assertion by Governor Mr Shaktikanta Das that the Reserve Bank of India is 'ready' to rise up to any situation arising out of the global health emergency from the Coronavirus, should be "re-assuring" to India Inc. about stability of the Indian financial markets, ASSOCHAM Secretary General, Mr Deepak Sood has said.

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ASSOCHAM to reach out to 4.5 lakh members to join national efforts to deal with Coronavirus; Indian economy well-cushioned

Friday, 13 March, 2020

New Delhi, 13th March 2020: Being a responsible organisation with a rich 100-year heritage, the ASSOCHAM is reaching out to its wide base of over 450,000 industry and trade members to work in close coordination with the Central and State Governments in dealing with the global pandemic of Coronavirus, and follow the medical and health protocols as prescribed by the authorities to be on top of the unprecedented situation, backed by strong cushions like large foreign exchange reserves, available with the policy makers, the Chamber Secretary General Mr Deepak Sood has said.

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Fall in crude prices to help India; macros to improve: ASSOCHAM

Monday, 09 March, 2020

New Delhi, March 9, 2020: Panic in the financial markets today, owing to a massive fall in the crude oil prices, does not affect India’s macro picture; on the contrary low fuel prices would help the country, said ASSOCHAM secretary general, Mr Deepak Sood.

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15th Annual Banking Summit “Structural Reforms in MSME Funding”

Friday, 06 March, 2020

Mumbai, March 6, 2020: The ASSOCHAM National Council for Banking has taken the initiative of organizing the 15th Annual Banking Summit at Hotel Taj Mahal Palace, Colaba, Mumbai. The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has been conducting the Annual Banking Summit with the objective of bringing together various stakeholders to deliberate new opportunities and radical ways.

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Working in close coordination with Consumer Affairs Dept on reports of mustard oil adulteration: FSSAI chief

Thursday, 05 March, 2020

New Delhi, 05th March 2020: The Food Safety and Standards Authority of India (FSSAI) is working in close coordination with Department of Consumer Affairs on reports of mustard oil being adulterated with other low cost edible oils, its chief executive officer (CEO), Mr G.S.G. Ayyangar said at an ASSOCHAM event held in New Delhi today.

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Decriminalisation of Cos. Act provisions to make life easier for India Inc.; easing of FDI norms for Air India sale pragmatic: ASSOCHAM

Wednesday, 04 March, 2020

New Delhi, 04th March 2020: Decision by the Union Cabinet to bring amendments to the Companies Act, 2013 before Parliament for de-criminalisation of several civil offences and further easing them is a big way forward towards 'Ease of Doing Business,' said ASSOCHAM secretary general, Mr Deepak Sood. He said, the move towards in-house resolution would cut litigation and boost investor confidence.

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India can fill up export market space vacated by China due to Coronavirus: ASSOCHAM

Sunday, 01 March, 2020

New Delhi, 29th February 2020: With much of the Chinese economy, the second largest in the world, having been severely impaired due to Coronavirus, India can ramp up its export shipments to the global market in a large number of areas and fill up the space vacated by China, an ASSOCHAM analysis has noted.

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Green shoots visible in sectors like coal, cement, agriculture; ASSOCHAM on 3rd Quarter GDP

Friday, 28 February, 2020

New Delhi, 28th February 2020: GDP growth of 4.7 per cent for the third quarter of fiscal 2019-20 ending December is largely on the expected lines, but some key sectors of the economy, like coal and cement are showing green shoots which should reflect in the subsequent quarters, said ASSOCHAM Secretary General Mr Deepak Sood.

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